This week, our 3 Things are:

1.   Commodities downdraft. Historically, that move can be good or bad—we’ll give you our thoughts.

2.   Cost of equity versus cost of debt. What does the Fed make of this?

3.   A “choiceful” consumer. What that means for all-important spending. 

This week, our 3 Things are:

1. Commercial real estate threat to banks. We’ll provide some much-needed facts.

2. Shifting to slowdown. Here’s how corporate earnings growth is impacted.

3. Private credit borrowers. Ares’ description is useful context.

This week, our 3 Things are:

1.   Credit’s strong technicals. It will help you get comfortable with tight spreads.

2.   Market volatility. It’s awakened in equities. Should credit keep pace?

3.   “Hot” CPI versus “cold” retail sales. Has the broader narrative changed?

This week, our 3 Things are:

This week, our 3 Things are:

1.     New York Community Bank. An evolving story; here’s what it means to the broader macro story.

2.     Nonbanks. They continue to take share from banks. That’s a good thing. 

3.     IMF’s latest global economic outlook. It’s actually tilting toward bullish. 

This week, our 3 Things are:

1.   That GDP report. Everyone—literally everyone—missed this. Here are our takeaways.

2.   Narrowness. Beware of the aggregate statistic. 

3.   Earnings warnings. Underneath market euphoria is some sobering guidance.

This week, our 3 Things are:

1.   Anatomy of a soft landing. We’ll walk you through our building blocks.

2.   Big bank color. Our latest update on how the largest lenders are seeing credit. 

3.   Private credit maturity wall. Here’s the data.

This week, our 3 Things are:

1.   The rise in problem loans at banks. Should we be worried?

2.   Geopolitical risks. The radar is getting crowded. 

3.   KBRA Analytics default forecast. We’ve got a non-consensus view.

This week, our 3 Things are:

1.     The banks are alright. Questions as to the viability of the business model are misplaced.

2.     Sentiment split. Folks are split on the recession call and risk valuations. Here’s what that means. 

3.     Financial conditions. They might not be as loose as you’ve heard. Here’s a measure worth considering.

This week, our 3 Things are: